Market Outlook

Caution may continue to rule, as fund managers sift through Trump’s key policies, as well as latest interim results from large-caps (i.e., flattish on TEL, weakness in URC).

Equities investors will monitor fiscal policies in Trump administration, and its impact to US inflation & regional trade.

The The PSEi dropped by 2.32% w/w, closing at 6,977.18 (-165.78pts).

Participants will monitor sentiment to Donald Trump’s presidential victory, especially on the aspect of international trade & other geopolitical headlines.

The PSEI closed at 7,257.94 yesterday, up +1.71% intraday, trading just below its 9-MA and showing signs of bullish momentum.

Sequel rallies might be seen, as investors glide to Wall Street’s overnight incline.

Another subdued yet volatile session is seen, with most global investors on the watch for the US election & the Fed’s policy meeting.

Participants should expect volatility this week, with the US presidential election and the outcome of the Fed’s policy meeting.

The PSEi dipped by 2.34% w/w, closing at 7,142.96 (-171.27pts).

Expect volatile sessions with the month-end closing, as well as US elections next week.

The PSEI closed at 7,239.98 yesterday, down -1.41% intraday, losing its grip on the recent upward trend.

Participants might err on the side of caution, with yesterday’s sell-off.

Expect volatility with the month-end portfolio closing while participants heed for 3Q earnings releases and guidance for 4Q and 2025.

The PSEi dipped by 1.37% w/w, closing at 7,314.23 (-101.50 pts).

The PSEI closed at 7,283.79 yesterday, down -1.14% intraday, losing its grip on the recent upward trend.